The following table gives annual life insurance premiums per $1,000 of face value. Use the table to determine the annual premium
for a $95,636 5-year term policy for a 21-year-old male. Round your answer to the nearest cent. a. $410.28 c. $205.62 b. $437.06 d. $238.13
2 answers:
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Answer:
This equation system has no answer
Step-by-step explanation:
Answer:
He brought 3 dozen cookies
She ate of the bag of Doritos
She read 25 books
Step-by-step explanation:
∵ Mike makes 4 dozen cookies
∵ He brings 75% of them for a party at his school
- Multiply 75% by 4
∵ 75% =
∴ He brought = × 4
∴ He brought = 3
He brought 3 dozen cookies
∵ Sam bought a bag of Doritos
∵ She ate only 40% of them
∵ 40% =
∴ She ate = × 1
∴ She ate =
She ate of the bag of Doritos
∵ Jamie took 50 books from the library
∵ She only read half of her whole stack
- Multiply half by 50
∴ She read = × 50
∴ She read = 25
She read 25 books
Answer:
B. $3525.43
Step-by-step explanation:
We will use continuously compound interest formula to solve our problem.
A= Amount after T years.
P= Principal amount.
r= Interest rate (in decimal form).
e= The mathematical constant e.
T= Time in years.
First of all we will convert our interest rate in decimal form.
Now let us substitute our given values in above formula.
Therefore, we will get an amount of $3525.43 after 10 years and option B is the correct choice.